A lot has happened in the world of UK Bingo in the last few weeks, with a lot more scheduled to occur in the upcoming weeks.
Bingo Tax Cut
A curious reversal of Bingo taxation is about to take place in the United Kingdom with a distinct reversal of fortunes taking place between land-based bingo rooms and online bingo rooms.
The Chancellor has gone Eyes Down at a Bingo Club in Wales. I am convinced George Osborne is targeting the bingo-playing community with a charm offensive. It is fair to say that the process is working.
Today, the UK Government has reduced the unfair taxation burden on UK Bingo Halls by bringing the rate of taxation down to 10% from the previous rate of 20%. George Osborne announced the details of the reduction in Bingo Taxes as a part of his Budget Speech for the upcoming year.